GM!
Welcome to this week's Arweave Weekly Digest. Last week we ran a DumDumz giveaway which ended on Friday (winner announced below), AO surpassed a new bridging milestone, and a new VRF protocol was officially announced.
Let's get into it.
DumDumz giveaway wraps up ๐
Last week we partnered with DumDumz to run a giveaway with a DumDum Atomic Asset as the prize. The floor price of DumDumz are now ~45 $AR at the time of writing. NFA.
The competition ran from Tuesday to Friday, and we recently announced the winner on X. Congratulations @yachixyz!
AO pre-bridged assets surpasses $725M ๐
Another week of new milestones being broken in the ecosystem, with over $725M in assets deposited in the AO pre-bridge.
Of this amount over $500M is in $stETH, and over $125M is in $DAI. The team have also mentioned previously the goal of adding $SOL deposits, too.
The assets staked help solve the "cold start" problem for blockchains, as it brings existing liquidity to a new chain - in this case, AO. The numbers are ramping up, and mainnet is set to launch in February 2025.
RandAO launches ๐ฒ
RandAO is a new VRF protocol in the AO ecosystem that aims to deliver fully decentralized randomness.
Getting truly random values can sometimes be quite difficult onchain, and most users lean towards using a VRF if true randomness is needed.
RandAO aims to be the VRF protocol on AO, and solve problems like running onchain raffles, NFT drops, and also in games.
It's built on the commit-reveal scheme prevalent in other VRF protocols and blockchains, and has even had some insight from Arweave founder Sam Williams. Check out the full post on X to learn more about how RandAO works - and as always, DYOR. ๐ต๏ธโโ๏ธ
ICYMI ๐
- WeaveVM Alphanet V3 released
- Arweave Philippines 2024 Recap
- DumDumz comic teaser
- Botega crosses $1M in monthly volume
- Weavecast Episode 3 released
This Week's Featured Community Piece ๐
If you're into the current AgentFi narrative, FusionFi published a new thread detailing a comprehensive plan on their interoperability standard for Agents. Check it out here. NFA.
Thanks For Reading!
Follow us on X to stay up-to-date, and keep an eye on Arweave Today for hopefully soon to be exclusive content, product launches, and more.
Thatโs all for today, subscribe to our newsletter if you havenโt already for more weekly updates!
The Longview Team
This is not investment advice. No profit guarantees. If in the U.S., ensure compliance with U.S. laws and seek professional advice.